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Disaggregating the international business cycle

Gilhooly, Robert; Weale, Martin; Wieladek, Tomasz - 2012

This paper investigates the international business cycle with new sector level data on hours and output for Canada, Germany, France, Italy, the United Kingdom and the United States from 1992 Q1 to 2011 Q3. We estimate a Bayesian dynamic common factor model on this disaggregate data to decompose...

Persistent link: https://www.econbiz.de/10009580709